China Nepstar - History

History

  • June 1995: Shenzhen Nepstar Medical Co. Ltd. was established
  • January 1996: Joined the National Association of Chain Drug Stores (NACDS) as its first Chinese member
  • June 1996: Opened the first Nepstar drugstore - Shenzhen Guiyuan Store
  • December 1998: Started operations in Kunming, the first outside of Guangdong Province
  • March 2002: Named one of the 'Top 100 Chinese Chain Enterprises' for the first time by the China Chain Store & Franchise Association
  • June 2002: Signed Master Franchise Contract with The Medicine Shoppe International to introduce the first international pharmaceutical retailing brand into mainland China
  • November 2003: Partnered with Beijing Tong Ren Tang (Group) Co. Ltd., established Beijing Tong Ren Tang Commercial Investment and Development Co. Ltd.
  • September 2004: Signed direct investment agreement with Goldman Sachs
  • September 2007: Number of outlets exceeded 1,700
  • November 2007: Listed on the New York Stock Exchange
  • January 2008: Terminated voting rights agreement for Yunnan JianZhiJia Chain Drugstore Co. Ltd. (JZJ)

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